Privately-held Swiss pharmaceutical group Helsinn has granted Chugai Pharma Marketing, a wholly-owned subsidiary of Chugai Pharmaceutical (TYO: 4519), itself a majority-owned unit of Swiss drug major Roche (ROG: SIX), exclusive commercialization rights to its innovative ghrelin receptor agonist, anamorelin, for the three major European pharma markets.
Financial terms of the agreement have not been disclosed. Anamorelin is a new first-in-class, oral, once daily drug, currently in Phase III testing for the treatment of anorexia-cachexia in non-small cell lung cancer (NSCLC), a detrimental multifactorial disorder that affects over 50% of people with cancer.
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